Texas Business Organizations Code - Section 8.002. Application Of Chapter
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§ 8.002. APPLICATION OF CHAPTER. (a) Except as provided
by Subsection (b), this chapter does not apply to a:
(1) general partnership; or
(2) limited liability company.
(b) The governing documents of a general partnership or
limited liability company may adopt provisions of this chapter or
may contain enforceable provisions relating to:
(1) indemnification;
(2) advancement of expenses; or
(3) insurance or another arrangement to indemnify or
hold harmless a governing person.
Acts 2003, 78th Leg., ch. 182, § 1, eff. Jan. 1, 2006.
Section: 6.205 6.251 6.252 6.301 6.302 7.001 8.001 8.002 8.003 8.004 8.051 8.052 8.101 8.102 8.103
Last modified: August 11, 2007
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